10:37 AM EDT, 09/12/2024 (MT Newswires) -- Air Canada ( ACDVF ) is asking the federal government to intervene as early as Saturday to request arbitration ahead of a potential strike by pilots at the country's largest airline, Bloomberg is reporting Thursday. Bloomberg noted the Montreal-based airline is set to start suspending flights Sunday as it prepares for a lockout...

10:35 AM EDT, 09/12/2024 (MT Newswires) -- Moderna ( MRNA ) said Thursday it plans to cut back on its research and development spending as the company looks to save costs and prioritize the launch of new products already in the pipeline. The drugmaker expects to reduce its annual R&D budget to a range between $3.6 billion and $3.8 billion...

10:34 AM EDT, 09/12/2024 (MT Newswires) -- Wix.com ( WIX ) said Thursday it has launched its AI theme assistant to streamline and help with the website design process. Wix's AI theme assistant offers real-time, personalized design guidance and suggestions within the Wix Editor to simplify and enhance website creation, the company said. Price: 153.77, Change: +0.97, Percent Change: +0.63...

Caleres, Inc. ( CAL ) shares are trading lower after the company reported worse-than-expected second-quarter results and lowered its annual outlook. The company reported revenues of $683.32 million, missing the analyst consensus of $723.80 million. Famous Footwear sales rose 1.5% Y/Y, driven by a later-than-expected back-to-school season. Meanwhile, Brand Portfolio sales fell 5.1%, impacted by operational reporting challenges from its SAP ERP implementation and...